NIB Holdings (ASX:NHF) Payments on Behalf of Employees : A$-677 Mil (TTM As of Dec. 2023)

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What is NIB Holdings Payments on Behalf of Employees?

NIB Holdings's Payments on Behalf of Employees for the six months ended in Dec. 2023 was A$-368 Mil.

NIB Holdings's Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Dec. 2023 was A$-677 Mil.

NIB Holdings Payments on Behalf of Employees Historical Data

The historical data trend for NIB Holdings's Payments on Behalf of Employees can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NIB Holdings Payments on Behalf of Employees Chart

NIB Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Payments on Behalf of Employees

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-418.70

-448.50

-414.70

-459.00

-620.60

NIB Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Payments on Behalf of Employees	Get a 7-Day Free Trial															-240.00	-219.00	-312.20	-308.40	-368.30

NIB Holdings Payments on Behalf of Employees Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Payments on Behalf of Employees represents cash paid in a form of salaries or other benefits to employees of the company, in the direct cash flow method.

Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-677 Mil.

NIB Holdings Payments on Behalf of Employees Related Terms

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NIB Holdings (ASX:NHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NIB Holdings Ltd (ASX:NHF) » Definitions » Payments on Behalf of Employees

Comparable Companies

Traded in Other Exchanges

3GU:Germany

Address

22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300

Website

https://www.nib.com.au

NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

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